From ESS News
With Brazil’s Ministry of Mines and Energy asking for feedback about how it should structure procurement of battery energy storage system (BESS) capacity, regulatory uncertainty could deter investors.
The ministry is planning a battery-dedicated grid capacity reserve auction in June, and has held a public consultation exercise.
Matheus Dias, senior research associate at UK-based analyst Aurora Energy Research, said, “Regulatory uncertainties, combined with a tax burden that represents 25% of battery capex [capital expenditure], increase project costs, which end up being passed on to consumers.”
To continue reading, please visit our ESS News website.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.